$CELH HAS BOTTOMED, YOU'VE BEEN WARNED! BIG MOVE INBOUND!NASDAQ:CELH HAS BOTTOMED!
3 reasons why:
1.) Breakout of the consolidation box on the Williams R% to the upside.
2.) MACD bullish cross upward after bottoming
3.) Trend has already crossed to bullish and pushing higher (Trend moves faster than MACD.
Get ready!
They report on Wed. and in my opinion the only thing to stop this BULL from running would be dog 💩#earnings
NFA
AMEX:IWM #tradingstrategy #TradingInsights
Bottoming
IS SUPER MICRO COMPUTERS ($SMCI) FINALLY BOTTOMING?! IS SUPER MICRO COMPUTERS ( NASDAQ:SMCI ) FINALLY BOTTOMING?!
3 REASONS WHY:
1⃣ We have DIVERGENCE on the Weekly Chart
2⃣ It's almost a "High Five Setup"
3⃣ Take a BREAK and find out by watching. 👇
Stay tuned for more!🔔
Like ❤️ Follow 🤳 Share 🔂
Will Super Micro finally get back on track after the insane negative sentiment and news articles?!
Not financial advice.
WBD bottoming in process, turnaround soon? Target 70 USD +Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it.
On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure.
Yellow route is the alternative route for now, which highlights one more bigger swing lows arriving (and that currently we might be in yellow wavecounts, where price action SHOULD hold the 8.30-8.40 USD mark and not break below comfortably. (Secondary scenario)
Primary scenario where I watching primary a bottoming process is the white route where the white big wave (2) is already in at ~8.80 USD. As the weekly and daily MACD/RSI showing bullish divergence, and also the runup having clearly impulsive characteristic from that bottom, I am leaning towards this scenario.
Be aware, yellow is still not invalidated though. I am re-publishing the idea, since the previous one got flagged for house-rule-violation.
Swing Trade Opportunity - LONG WBAWBA has broken a long term downtrend line, creating a potential inverse HS in the process.
This company is due for a bounce at the very least.
Best case for longs is a longer term bottom and reversal being put in that can take us to the 200DMA or above.
See video for details
Dark Pool Buy Zone Stages More Gap Up PotentialNYSE:NKE gapped again with a breakaway gap jumping over resistance. These rarely fill and if the gap fills, it will be minimal. Volume was above average. This kind of gap up sequence can happen easily when a classic Shift of Sentiment pattern forms in Accumulation/Distribution indicators as a stock bottoms. But price remains well below the previous gap down. It may gap again as the stock challenges that resistance.
Planet Labs Bottomed?Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming.
CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze changes or notice similarities across the earth. Very valuable information to be gleamed from data like this.
Targets = $4.38 and then $5.51, pre-req of breaking and holding above $2.77.
Not far from ATLs now. Good entries anywhere under 2 bucks, or even where it sits now if you don't mind a litte extra risk.
Gold finds a bottom price following sell!
Gold and even more so Silver were very overbought in the Daily & Weekly Timeframes, triggering their sell-offs within an hour of FOMC reducing interest rates.
I was aware that Gold / Silver were very overbought in these higher-time-frames but I was not watching the indicators so I was also caught off-guard as the Gold-price slides very fast.
The Gold-price has recently found a bottom price and has rebalanced and corrected the overbought condition.
Ethereum - Forming A Base Like So Many Times Before ?#ETH
Ethereum is forming higher lows and a higher high while bouncing off support ATM
This bottoming structure has been formed similarly many times in this pair.
All while sentiment is a like a funeral procession & ETH ETFs are loading in the background
Probably Nothing...
Island Gaps and Hidden Accumulation: SONONASDAQ:SONO has a lot of Island gaps and another just in the past few months.
The compression of price into a sideways trend is a good pattern.
Also, the black candle that drops below the consolidation and the white candle the next day is a pattern to pay attention to. This means there is some hidden accumulation from Dark Pools at this new higher level of price. Institutional holdings is strong at 85%.
NTCT: Island Gap PotentialThere is an interesting phenomenon that occurs often: when a gap down of this size occurs, followed by a bottoming action and a large white candle forms, this often becomes an island gap. HFTs that gapped the stock down gap it up again.
The fact that the gap down candle is a huge white candle for this chart indicates that the gap down is below fundamental values and Dark Pools were the buyers against the HFT selling. The drop in Accumulation/Distribution at that time was smaller funds dumping which often triggers Dark Pool TWAPs. NASDAQ:NTCT has a high Percentage of Institutional Holdings at this time and it's a lower-priced stock in a pricey market.
Momentum Indicator for USDEUR turns positiveMomentum Indicator for USDEUR turns positive, indicating new upward trend
USDEUR saw its Momentum Indicator move above the 0 level on February 04, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 125 similar instances where the indicator turned positive. In 46 of the 125 cases, the stock moved higher in the following days. The odds of a move higher are at 37%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for USDEUR just turned positive on February 04, 2024. Looking at past instances where USDEUR's MACD turned positive, the stock continued to rise in 35 of 96 cases over the following month. The odds of a continued upward trend are 36%.
Following a +0.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where USDEUR advanced for three days, in 69 of 278 cases, the price rose further within the following month. The odds of a continued upward trend are 25%.
The Aroon Indicator entered an Uptrend today. In 81 of 226 cases where USDEUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 36%.
LUX Industries revisitedIn lux industries it seems some buying is taking place as per chart. the price going down but the indicator is not agreeing to the price.
We may witness some pullback. I try to forecast the prices by looking at historical prices. And this is only a view.
This is not a recommendation at all. I am not a qualified technical analyst. please take the advise of your financial advisor before any action.
Regards
Which Robotics Stocks Are You Watching?This stock's pattern is an intermediate-term trend correction to bottom formation that is near completion. It may head sideways for a bit, but when it does breakout of this consolidation, there is potential for swing style runs to develop.
A Dark Pool buy zone triggered at the bottom's lows. And there are Pro Trader footprints in each run out of a new low.
NYSE:ROK is in industrial automation, aka Robotics. There is a huge demand building for manufacturing via robotics in the US as many manufacturers are no longer reliant upon Chinese manufacturing, which has become more expensive in recent years. Robotics can easily displace human workers globally as it becomes more popular and used extensively. Hence, institutional holdings is quite high in this company. The So this stock may also be suitable for longer-term investment opportunity.
Bitcoin Power of 3In this theory we take the 2013 cycle as a trend line and place the correction from ATH > ATLs. History claims that in every cycle we have completed this pattern. There are 3 set rules in order to confirm a bottom is being made.
Note: These trendline are all identical and are not manipulated in anyway. Trendlines may vary on other BTC pair charts.
2013 Cycle - Marks the Power of 3 (Template)
1. Bottom Trend Line - Marks from absolute bottom target to previous low.
2. Median Trend Line - Marks from absolute bottom target to 50% projection retracement.
3. Top (Confirmation) Trend Line - Marks from absolute cycle top draw down to intersect points of 1 and 2 and must not cross or overlap.
At point 3 confirmation you need to see a PIN point mark.
Based on this theory, when these 3 lines intersect at their lowest point and it marks a cycle bottom, you have confirmation.
I've marked that a Fib Ring to POC from 2018 as a point that could be potentially marking a confirmation bottom. If this mark is not hit then it is much further down.
Spot A Reliable Bottom Pattern 👀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Are we there yet? Are we THERE YET? Now? How about NOW ??
We can't help it - towards the end of a bearish cycle, we're all wondering - when are we bottoming? In today's chart, I've pulled up a few of my favorite candlestick patterns and chart patters. I find these especially useful in higher timeframes. And yes, there are MANY MORE. These are just some of my favorites.
These patterns are what I will be looking for in this part of the cycle (accumulation phase). During this part, there can be lot's of foul play, noise, shakeouts etc. I personally won't be convinced of a reversal until a clear pattern can be observed.
While you're here 🖐 Want to know a little more on how to do distributed entry's / dollar-cost-average? See HERE:
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Looking Ahead to the 4th Quarter for $DISNYSE:DIS has been working on a bottom for a long time. The stock has moved up recently due to heavy buying of Dow components for the DIA and other ETFs which require Dow components.
Many Families are making Disney Resorts a holiday location this year.
The stock now faces stronger bottom completion resistance from the 2nd quarterly report, which sent the stock moving down further until this October.
The volume is very low recently, which is partly due to the holiday but also warns of weakening buyer activity at this price level.
However, there was Dark Pool accumulation in the base of the bottom, along with some Pro Trader activity evident in the candlestick and technical indicator patterns. This range now provides moderate to strong support.